Ryder System said it has reached agreement to buy a privately held Canadian truck leasing company for an undisclosed sum.
August 30, 2007Search
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Volvo’s North American Deliveries Drop 60%
Volvo AB’s North American units’ deliveries fell more than 60% from a year ago from January through July, the company said Wednesday.
August 30, 2007Jobless Claims Rise 9,000 for Week
Initial jobless claims rose by 9,000 to 334,000 last week, the Labor Department said Thursday.
August 30, 2007Daimler’s Second-Quarter Income Dips
DaimlerChrysler’s second-quarter net income fell 14% after the company took losses from its unprofitable Chrysler division, sold earlier this month, Bloomberg reported Wednesday.
August 29, 2007Mass. Considering Tolls, Rush-Hour Fees, Paper Says
Massachusetts may put tolls on Interstate 93 and toll other state highways during peak travel times, the Boston Herald reported Wednesday.
August 29, 2007Johansson Named CFO at Volvo Trucks
Christian Johansson has been appointed chief financial officer for Volvo Trucks, the company said Wednesday.
August 29, 2007Fed Minutes Highlight Inflation Concerns
Federal Reserve officials put aside concerns about the rising credit costs at their Aug. 7 meeting because they were not convinced a slowdown in inflation would last, Bloomberg reported.
August 28, 2007Oil Tops $73 Following DOE Report
Crude oil rose almost $2 to close at more than $73 a barrel Wednesday, a three-week high, following a Department of Energy report that showed oil and gasoline inventories fell more than expected, Bloomberg reported.
August 29, 2007Groups Sue to Block Mexican-Trucks Plan
Five groups filed suit Wednesday in attempt to block a Department of Transportation pilot program set to allow some Mexican trucks full access to U.S. roads.
August 30, 2007NHTSA to Issue Side Air Bag Rule
Federal officials next month are set to unveil a requirement that automakers install side air bags by the early part of the next decade, the Detroit News reported.
August 29, 2007